The truth will out.
by Nick Giambruno via International Man It’s been rightly said that “he who holds the gold makes the rules.” After World War 2, the US had the largest gold reserves in the world, by far. Along with winning the war, this let the US reconstruct the global monetary system around the dollar. The new system, […]
by Jeff Thomas via International Man Recently, after reading an essay of mine, a reader angrily questioned my loyalty to the USA. My immediate reaction was that I’m not a US citizen. I therefore tend to observe the US dispassionately, just as I’d observe any of the nearly 200 “foreign” countries in the world. But, […]
by Jeff Thomas via International Man Whenever a movie has been a huge hit, the film industry tries to follow it up by doing a sequel. The sequel is almost invariably far more costly, as there’s the anticipation by those who create it that it will be an even bigger blockbuster than the original. The […]
by David Stockman via International Man Goodness me, even the Wall Street Journal is catching on. In a piece about the inflationary rebound theory of a former UK central banker named Charles Goodhart, it actually tees-up the possibility of high inflation for a decade or longer due to an adverse, epochal shift in the global […]
by Walter Block via International Man I don’t know how this is done in Vancouver and its other suburbs, but in North Vancouver, the law mandates compulsory recycling. If you don’t, in addition to a fine, the garbage men (Sanitation Engineers, nowadays) will decline to pick up your refuse. You are required to do this […]
by Doug Casey via International Man International Man: Politicians, the media, and large corporations promote solar and wind energy as replacements for fossil fuels. Western governments are trying to pick winners and are subsidizing wind and solar energy to the tune of billions. What’s going on here? Doug Casey: Solar and wind energy can be useful. But generally […]
by Nick Giambruno via International Man “It’s possible to have more than one reserve currency.” These are the recent words of Jerome Powell, the Chairman of the Federal Reserve. It’s a stunning admission from the one person who has the most control over the US dollar, the current world reserve currency. It would be as ridiculous […]
by Doug Casey via International Man Nick Giambruno: Doug, you’re one of the foremost authorities in the world on the topic of crisis investing. Tell us a bit about your background on this topic. Doug Casey: After my second book, Crisis Investing, came out in 1979, I started publishing a newsletter of the same name. […]
by David Stockman via International Man My, how the frog does boil! Recently, the national debt (aka public debt) crossed the $30 trillion milestone, yet neither Wall Street nor Washington took note. But it did catch our attention and we want to recall why a young budget director was thumping on the Gipper’s chest in […]
by Nick Giambruno via International Man The rules-based international order… The liberal international order… The international community… You undoubtedly have heard the media and politicians use these strange and vague phrases. They are describing the current world order or architecture for international political relations between countries. World orders are nothing new. It’s how the big […]
by Jeff Thomas via International Man Throughout history, political, financial, and military leaders have sought to create empires. Westerners often think of ancient Rome as the first empire. Later, other empires formed for a time. Spain became an empire, courtesy of its Armada, its conquest of the New World, and the gold and silver extracted […]
by Doug Casey via International Man International Man: Historically, when a crisis takes shape, politicians declare a “state of emergency,” which allows government to take action in ways it’s normally not allowed to. This tactic has been used over and over again to justify all sorts of government action, removal of individual rights, and more. […]
by Chris MacIntosh via International Man Ponzi schemes keep going until the perpetrator is stopped from the outside. They never stop by of their own volition. Bernie Madoff kept going until it all blew up. In the year 2000 the Nasdaq composite exceeded a P/E of 200 before collapsing 78% by October 2002. The more […]
by David Stockman via International Man It’s long past time for conservative folks to wake up. Today’s great threat to capitalist prosperity, personal liberty and constitutional government as we have known it is not Marxism, socialism or any other variant of traditional left-wing ideology. The real threat to liberty is more generic. Rather than a […]
by Jeff Thomas via International Man In 1987, Levon Helm, a former cotton farmer from Arkansas, sat brooding in his yard, trying to describe why his apparent success had turned to near-bankruptcy: “Well, it’s hard to put your finger on. You get behind financially and once you get behind financially, you seem to get behind […]
by Walter Block via International Man Notice the question posed above mentions implementers, not supporters. The latter consists of, what? 95% of the electorate? We can document that some 2/3 of the voters favor a minimum wage of $15. It is my estimate that virtually all voters favor this law at some level. That is, […]
by Doug Casey via International Man International Man: Recently, the Biden administration threatened Russia over Ukraine. What’s really going on? Is the US government toying with the prospect of war with Russia over Ukraine? Doug Casey: Over thousands of years of history, governments have always threatened each other with war. It’s a good part of […]
by Jeff Thomas via International Man In generations past, information was provided by word of mouth, or through reading, either in a book, a letter or a periodical. It was a slow system, but it did have an advantage: information came in one item at a time, and people had an opportunity to chew on […]
by Doug Casey via International Man International Man: Today, political risks around the world are growing rapidly. Aside from acquiring a second passport or residency and diversifying yourself financially, what are the benefits of physically diversifying yourself and where you live? Doug Casey: Political risks are indeed growing very, very rapidly. The COVID hysteria is […]
by Doug Casey via International Man International Man: Lee Kuan Yew, the former leader of Singapore, once said: “The size of China’s displacement of the world balance is such that the world must find a new balance. It is not possible to pretend that this is just another big player. This is the biggest player […]
by David Stockman via International Man Washington’s hypocritical and tendentious accusations against Russia’s reabsorption of Crimea imply that the dead hand of the Soviet presidium must be defended at all costs — as if the security of North Dakota depended upon it! The allegedly “occupied” territory of Crimea, in fact, was actually purchased from the […]
by Jeff Thomas via International Man “There was, of course, no way of knowing whether you were being watched at any given moment. How often, or on what system, The Thought Police plugged in on any individual wire was guesswork. It was even conceivable that they watched everybody all the time. But at any rate, […]
by Jeff Thomas via International Man Rulers seek to rule. Well, that seems a bit obvious, doesn’t it? And yet, time after time, we elect new leaders, imagining that, “This new group will be better—they’ll represent us as they promised.” Unfortunately, the democratic system doesn’t really work very well at all. The idea is supposed […]
by Doug Casey via International Man International Man: By now, most people have heard about the World Economic Forum’s (WEF) “Great Reset” agenda led by Klaus Schwab. The WEF sees the COVID pandemic as an opportunity to reshape the economic and social structures of the world. With the unpleasantness of 2020 and 2021 behind us, […]
by Jeff Thomas via International Man Today, more than at any time previously, Westerners are justifying a move toward collectivist thinking with the phrase, “Capitalism has failed.” In response to this, conservative thinkers offer a knee-jerk reaction that collectivism has also had a dismal record of performance. Neither group tends to gain any ground with […]